SALES TAX FOR EDUCATION:
A flyer came out today saying my opponent is the only one who will stand for education. This is not true. She is the only candidate who will stand for raising taxes, bigger government and not demanding efficiency for the administrators. I am for the education of our children and the teachers who educate them. I show in the paragraph below how much of the $5,000 a teacher might take home per pay day (approximately $120 – $150 per pay day). It is almost the same amount of money they would get with my “income tax free for teachers” plan without breaking the backs or our towns and communities with another 1 penny sales tax. If you combine the “tax free for teachers” plan with my “roll the medical benefits for teachers into their salary plan” ($600 a month – would benefit teachers married to another teacher and those who have a spouse that covers their insurance), teachers will actually bring home more than the penny sales tax will pay them. Approximately 50% of the penny sales tax will go to more administration and colleges.
Teacher’s don’t really get a $5,000 pay raise. Take a look at the taxes they will pay for life, even after they retire.
$5,000 – Pay Raiser per teacher
– $750 15% Federal Income Tax (They may have to pay more depending on their tax bracket)
-$250 5% State Income Tax
$4,000 after taxes
– $40 (1 penny sales tax to cover teacher pay when the $4,000
– $400 (average state + local sales tax when the $4,000 is spent)
$3,560 / 12 months = $296 a month or $148 per pay day (Before Social Security and FICA) . You will get a bit more than this but when you spend it you will lose the $400 and the $40 listed above.
When you spend your $4,000 you will pay $40 just for the Teacher Pay Increase. You will pay an average of $400 (10% sales tax).
If you live 10 years after you retire you will pay $50 for every $5,000 you spend just to cover the teacher sales tax. So will your parents, your kids, your grandkids and your great grand kids.
The $50 per $5,000 spent is just the tax for the teacher pay raise. It does not include other sales taxes we pay today. It also does not include another $50 for our veteran tax because we all know they don’t earn enough and their care is deficient. Oh, and we all know our fire fighters and police officers need a penny as well because of all they do, surely you would not say “no” to a tax for our veterans and police/fire.
The government will never give back the taxes if they are too much. They will simply spend it to the max and ask for more. That is why they are asking for another penny sales tax today.
Kevin ask tough questions such as “One of our schools carried over 3,000,000 from last school year but said they did not have enough money for books, teacher pay raises or for buses to carry football fans to the games. Why was there not enough money? The pay raises for all of the teachers would have taken a little over 1,000,000 and I am quite sure that books and buses could have been paid for with the other 2 million.”
Kevin is not for pulling money out of schools. He simply wants to make sure we are using our money wisely at all levels. There are 527 administrators being paid just over $50,000,000 a year. We could push more money into our schools if streamlined our administration. We are not losing administrators to Texas because our school boards have paid them well. There are 28 school districts in Oklahoma that have less than 100 students. Those 28 school districts pay their administrators a combined salary of $1,254,721 (2014 numbers). Oklahoma has 92 school districts that have fewer than 200 students each and they pay their administrators a combined total of $4,880,191.
8 administrators make over $200,000 a year total compensation. $1,902,390
208 administrators make between $100,000 a year total compensation. $24,929,690
242 administrators make between $50,000 a year and $99,999 a year total compensation. $19,512,815
The remaining total of administrators make less than $50,000 a year total compensation. $2,315,263
The state has to do a better job insuring funds are spent well, not only among our administration but at all levels of the state. Our corporate tax credits have gotten out of hand and that system needs to be cleaned up. That alone could free up hundreds of millions of dollars we could put in our schools.